Login
Login
HomeOther LawsLook Out Circulars Can’t Be Used As Tools For Loan Recovery: Karnataka...

Look Out Circulars Can’t Be Used As Tools For Loan Recovery: Karnataka HC

Other LawsTop Stories

Published on

By Mariya Paliwala
Look Out Circulars Can’t Be Used As Tools For Loan Recovery: Karnataka HC

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Karnataka High Court has held that look out circulars (LOCs) cannot be used as tools for loan recovery. The bench of Justice Krishna S Dixit has has conditionally suspended Look Out Circulars (LoCs) issued against a 78-year-old Indian citizen in connection with large loan recovery proceedings initiated by public sector banks, holding that LoCs…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Other Laws

Conviction for Kidnapping to Murder Can’t Be Ordered Without Charge: Supreme Court

The Supreme Court has upheld the acquittal of a man accused in a murder...
Other Laws

Penal Rent for Retaining Staff Quarters Can Be Adjusted Against Gratuity: Supreme Court

The Supreme Court has held that a public sector employer can adjust penal rent...
Other Laws

Functional Disability Must Reflect Actual Loss of Earning Capacity, Not Just Medical Percentage: Supreme Court

The Supreme Court has held that functional disability for compensation purposes must reflect the...
Direct Tax

FIS Without Satisfying “Make Available” Condition Is Not Taxable Under India-US Tax Treaty: ITAT 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that Fees for...

More like this

Other Laws

Conviction for Kidnapping to Murder Can’t Be Ordered Without Charge: Supreme Court

The Supreme Court has upheld the acquittal of a man accused in a murder...
Other Laws

Penal Rent for Retaining Staff Quarters Can Be Adjusted Against Gratuity: Supreme Court

The Supreme Court has held that a public sector employer can adjust penal rent...
Other Laws

Functional Disability Must Reflect Actual Loss of Earning Capacity, Not Just Medical Percentage: Supreme Court

The Supreme Court has held that functional disability for compensation purposes must reflect the...

About us

About Jurishour – Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments.

Company

Categories

© 2025 Juris Hour. All Rights Reserved.